Here’s an updated 2026-ready overview of procurement types on the Government e‑Marketplace (GeM) portal — tailored for both buyers (purchasers) and vendors (sellers/service-providers) — focusing on how the platform works now, what to expect moving forward, and how to make best use of it. 1. What is GeM and why it matters GeM is India’s government-run online marketplace for procurement of goods and services by central and state ministries, departments, PSUs, autonomous bodies etc. ( Gov e-Marketplace ) It aims to bring efficiency, transparency, and inclusiveness into public procurement. ( Testbook ) For buyers: Ensures standardized process, access to competition, audited trails. For vendors: Opens access to a large marketplace, but also means competition and compliance. 2. Key Procurement Modes on GeM (2026 context) These are the main ways procurements are executed via GeM — both for goods and services. 2.1 Direct / Cart-Based Purchase For items that are s...
BDM {Business Development Manager} : Work closely with sales, marketing, and product development teams to achieve company goals and objectives.
BDM - Stands for Business Development Manager. A Business Development Manager is responsible for identifying new business opportunities, building and maintaining relationships with clients, and developing strategies to drive business growth. They often work closely with sales, marketing, and product development teams to achieve company goals and objectives. BDM can have different meanings depending on the context. In the business context, BDM usually stands for Business Development Manager. The main work of a Business Development Manager includes: 1. Identifying new business opportunities and markets. 2. Building and maintaining relationships with clients and partners. 3. Developing and implementing strategies to drive business growth. 4. Collaborating with sales, marketing, and product development teams. 5. Negotiating and closing deals. The best feature of a successful Business Development Manager is their ability to think strategically, communicate effectively, and build strong...